Desjardins Has Optimistic Outlook of TSE:NA Q3 Earnings

Key Points

• Desjardins analysts have raised their Q3 2025 earnings per share estimate for National Bank of Canada from $2.45 to $2.76, maintaining a "Hold" rating with a target price of $150.00.
• The bank recently increased its quarterly dividend from $1.14 to $1.18, resulting in an annualized dividend yield of 3.1%.
• Mixed ratings among analysts show a consensus "Hold" rating, with one "strong buy," eight "holds," and one "sell," reflecting varying sentiments on the stock's performance.

National Bank of Canada (TSE:NA - Free Report) - Research analysts at Desjardins increased their Q3 2025 EPS estimates for shares of National Bank of Canada in a research note issued on Tuesday, August 12th. Desjardins analyst D. Young now anticipates that the financial services provider will earn $2.76 per share for the quarter, up from their previous estimate of $2.45. Desjardins currently has a "Hold" rating and a $150.00 target price on the stock. The consensus estimate for National Bank of Canada's current full-year earnings is $10.84 per share.

A number of other research firms have also issued reports on NA. CIBC increased their price target on National Bank of Canada from C$125.00 to C$127.00 and gave the company an "underperform" rating in a research report on Thursday, June 5th. Scotiabank raised National Bank of Canada to a "strong-buy" rating in a research report on Thursday, May 15th. Canaccord Genuity Group increased their price objective on shares of National Bank of Canada from C$136.00 to C$138.00 and gave the company a "hold" rating in a research report on Tuesday, June 24th. Cibc World Mkts raised shares of National Bank of Canada from a "strong sell" rating to a "hold" rating in a research report on Friday, August 1st. Finally, Royal Bank Of Canada increased their price objective on shares of National Bank of Canada from C$148.00 to C$152.00 and gave the company a "sector perform" rating in a research report on Monday, June 9th. One analyst has rated the stock with a sell rating, eight have given a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of C$140.08.

National Bank of Canada Stock Performance

Shares of NA stock opened at C$149.93 on Friday. National Bank of Canada has a one year low of C$106.67 and a one year high of C$149.93. The firm's 50 day moving average price is C$141.06 and its 200-day moving average price is C$128.65. The firm has a market cap of C$58.45 billion, a P/E ratio of 13.30, a P/E/G ratio of 7.14 and a beta of 1.12.

National Bank of Canada Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 1st. Shareholders of record on Friday, August 1st were paid a $1.18 dividend. This is a boost from National Bank of Canada's previous quarterly dividend of $1.14. This represents a $4.72 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date was Monday, June 30th. National Bank of Canada's dividend payout ratio (DPR) is presently 39.03%.

Insider Buying and Selling

In other news, Director Yvon Charest bought 362 shares of National Bank of Canada stock in a transaction dated Tuesday, May 20th. The stock was bought at an average price of C$127.93 per share, for a total transaction of C$46,310.66. Corporate insiders own 0.21% of the company's stock.

About National Bank of Canada

National Bank of Canada provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International. The Personal and Commercial segment offers personal banking services, including transaction solutions, mortgage loans and home equity lines of credit, consumer loans, payment solutions, and savings and investment solutions; various insurance products; and commercial banking services, such as credit, and deposit, investment solutions, international trade, foreign exchange transactions, payroll, cash management, insurance, electronic transactions, and complimentary services.

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